I want to start small and see how it goes, in my ideal scenario, I would like own at least 10 houses.

All three of us are going to be living around Penn State area, and most properties there are relatively low in costs, but we're not sure how to gauge anything.Basically we'd ideally like to buy one, live in one of the units, and rent the other(s) out until we're done with school, or decide to move on to something else altogether.Any feedback would be great!

We did get a new-in-box big screen TV (50", but about 15 years old), a new water heater, some tools, a couple 8mm video cameras from the 1960s and other random stuff.  

The founder has a youtube video where he literally brags that he makes more money selling programs about real estate than doing real estate.

-Partnering with other investors would be ideal.

I'm very new to all this, I'm currently in the research phase where I'm reading & listening & watching videos on anything that involves REI.

You need a tactful way to remind them that THE MARKET determines the asking price.It may be wise to go in armed with recent sold listings showing the price that they sold for, especially if you have any that would be ideal comp.'

The website is here, where you can find plans, videos, and photos of the project.Converting old buildings into loft apartments is a very popular trend at the moment, especially in my area (Billings, Montana). 

Other than locally available data, we like to get absentee owner lists from Listsource (I show you how in this video) and we use postcards rather than letters as we can hit almost 2x the people with postcards.YellowLetters.com has some super nice postcards that will cost less than your cost for letters and will save you time as well.Hope that helps - best wishes!

It's not ideal, but it does keep tenants from feeling like they can burn through as much as they like because it's free.I would consider doing an overlay of the walls with that  thin drywall (quarter inch, I think?